Monthly Archives:
March 2018

Post Title: Real estate prices are falling around Toronto, is there a crash in the way Max Seal, Broker’s Comments: The title of this post says it all. In March, 2018, the media reporters are competing for catchy “going-down-the-hole” negative headlines to describe crashing of Toronto housing prices. Just 1 year ago back in March, 2017, the same media reporters were suggesting that thousands of buyers may not be able to buy a house in their lifetime unless they entered the housing market in the Toronto area right away when house prices were galloping. Some people outside the

Toronto home sales decline in January, 2018. The prices appear relatively flat and the house sales were down about 40 per cent over the last two weeks in February, 2018, in the Toronto area compared to the same period in 2017, while condo sales dropped about 30 per cent, said Pasalis, real estate broker. The real estate market has been affected by a series of policies like, (1) Ontario’s Fair Housing Policy, (2) a foreign buyers’ tax aimed at cooling the market, (3) a new mortgage stress test targeted at protecting Canadian banks from dangerously high household debt

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Call Max Seal at 647-294-1177 if you are thinking to sell your upscale or average home in Central Toronto communities like Bedford Park, York Mills, Lawrence Park, Forest Hill, Davisville, Summerhill, Yorkville, Annex, Rosedale, Leaside and Don Mills. Please click the link for a FREE Home Evaluation. No obligation.